Stock Markets Exposed
How will your life change if the stock market drops 30%?
Assume this means your stock portfolio, too. A May 22nd Paul Farrell column on CBSMarketwatch.com gave the usual grim news - markets are headed for implosion, led by the hedge funds. Have you prepared for this in any way? Will the aftermath be "Planet of the Apes" or more like 1994? fartman - if I did, the rent would be payable in Yen.
Public Comments
- you got an extra room in your house?
- i'll still be poor
- dramatically
- Some good new's for people planning to buy their first apartment or home's, next year...etc. It will reduce the gap between rich and poor..etc. You can't please everyone, all of the time.. :)
- What do you do when items at your favorite store are 30% off? Do you buy more or less? Seems to me, although it would not be a good thing, it could also be an opportunity to get some good stocks "on sale"!
- I've already began a daily game of Russian Roulette, using Daddy's revolver. Tomorrow......if the red ink don't subside at least somewhat in my portfolio......I'm gonna put a 2nd hollowpoint in the revolver....just to "liven" things up a bit. This market is DEPRESSSING! Maybe I can find an amateur-investor's support group.
